The Dallas Morning News - July 18, 2008
Texas property markets will continue to outpace the nation, but things are likely to cool a bit through next year.
“The Texas housing markets are going to be spotty,” said Dr. James Gaines, a research economist with Texas A&M University’s Real Estate Center.
Some residential markets “will be doing very well and some will be doing poorly,” Dr. Gaines said to a corporate real estate group meeting in Addison on Thursday.
Full Story
Friday, July 18, 2008
Dallas-Fort Worth home foreclosure postings jump 18%
The Dallas Morning News - July 17, 2008
Home foreclosure postings in the Dallas-Fort Worth area are up 18 percent in the latest filings.
Almost 4,600 homes are scheduled for foreclosure next month, according Addison-based Foreclosure Listing Service.
That compares with 3,870 postings for August 2007.
Despite the big increase since last year, total foreclosure filings for the D-FW area are below the recent peak in February, when more than 5,300 postings were recorded.
Full Story
Home foreclosure postings in the Dallas-Fort Worth area are up 18 percent in the latest filings.
Almost 4,600 homes are scheduled for foreclosure next month, according Addison-based Foreclosure Listing Service.
That compares with 3,870 postings for August 2007.
Despite the big increase since last year, total foreclosure filings for the D-FW area are below the recent peak in February, when more than 5,300 postings were recorded.
Full Story
Some Dallas townhouses attract buyers but other projects die
The Dallas Morning News - February 8, 2008
A stone's throw from Dallas' tallest skyscrapers, builder Chris Sorrells is busy constructing a new neighborhood of urban row houses.
His Ross Avenue Brownstones are about two blocks from downtown's Arts District and will be ready next month.
"Now that people are seeing what they will look like, I'm getting a lot of interest," Mr. Sorrells said. "I believe this area of Dallas will be the next Uptown in a few years.
"But it may take a little longer because of our economy."
A few blocks away on Bryan Street, another large townhouse development has stalled. Work halted months ago, leaving unfinished utilities and concrete driveways surrounded by weeds.
That's the story in the current housing market: Some projects are moving ahead and still attracting buyers while others have been given up for dead.
Full Story
A stone's throw from Dallas' tallest skyscrapers, builder Chris Sorrells is busy constructing a new neighborhood of urban row houses.
His Ross Avenue Brownstones are about two blocks from downtown's Arts District and will be ready next month.
"Now that people are seeing what they will look like, I'm getting a lot of interest," Mr. Sorrells said. "I believe this area of Dallas will be the next Uptown in a few years.
"But it may take a little longer because of our economy."
A few blocks away on Bryan Street, another large townhouse development has stalled. Work halted months ago, leaving unfinished utilities and concrete driveways surrounded by weeds.
That's the story in the current housing market: Some projects are moving ahead and still attracting buyers while others have been given up for dead.
Full Story
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